NOT LISTED FOR SALE

205 W Main St Aspen, CO 81611

Estimated Value: $4,823,000 - $10,316,496

4 Beds
3 Baths
2,226 Sq Ft
$3,399/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $5,500,000 $2,471 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $41,046/month

Highlights

  • Main Floor Primary Bedroom
  • Victorian Architecture
  • Laundry Facilities
  • Aspen Middle School Rated A-
  • Forced Air Heating System
  • 1-minute walk to Paepcke Park

About This Home

As of October 2021

*SOLD BEFORE MLS

Own a piece of Aspen's history at 1st and Main with limitless potential for the future. This property has not been available since 1948! Prime location for a single family home or two, bed & breakfast, boutique hotel, office space, restaurant, affordable housing and more. The property is eligible for a historic landmark lot split, which is a type of subdivision that allows a historic property to be divided into two lots with a minimum lot size of 3,000 sf. Alternately, two detached homes could be developed on the 7,500 sf lot and condominiumized to separate ownership. Excellent opportunity in downtown Aspen!

Last Agent to Sell the Property

Mandy Welgos

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.100083604 Listed on: 10/25/2021

Last Buyer's Agent

Lex Tarumianz

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100014565

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,591

Year Built

  • Built in 1890

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned MU

Parking

  • No Garage

Home Design

  • Victorian Architecture
  • Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273512454003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Aspen Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,591

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Inclusions: Dryer, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: Townsite of Aspen
  • Directions: Corner of 1st & Main St.
  • Architectural Style: Victorian
  • Master Model: No
  • Year Built: 1890
  • Tax Parcel Letter: R000276
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: MU
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 7591.0
  • Financing Info:Tax Year2: 2020
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Substructure:Finished Basement: Yes
  • Water:Community: Yes
  • Roof:Shake: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2226.0

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 273512454003
  • Zoning: MU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7591.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Oct 22, 2021
Sold by
Stevenson Karen C and Chisholm Heather M
Bought by
Conservation Housing Partners Llc
Seller's Agent
Mandy Welgos
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$5,500,000
Sold Price
$5,500,000
Current Estimated Value
$7,566,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,066,874
Avg. Annual Appreciation
8.35%
Original Mortgage
$3,575,000
Interest Rate
2.33%

Purchase Details

Closed on
Jan 11, 2018
Sold by
Stevenson Karen C and Chisholm Heather M
Bought by
Stevenson Karen C and Chisholm Heather M

Purchase Details

Closed on
Jan 13, 2011
Sold by
Chisholm Edith
Bought by
Stevenson Karen C and Chisholm Heather M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Conservation Housing Partners Llc $5,500,000 Attorneys Ttl Agcy Of Aspen
Stevenson Karen C -- None Available
Stevenson Karen C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Conservation Housing Partners Llc $3,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 For Sale $5,500,000 0.0% $2,471 / Sq Ft
10/22/2021 10/22/21 Sold $5,500,000 -- $2,471 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
Source: Aspen Glenwood MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,135 $338,710 $306,210 $32,500
2023 $11,135 $344,700 $311,620 $33,080
2022 $7,663 $209,010 $192,650 $16,360
2021 $7,630 $215,030 $198,200 $16,830
2020 $7,528 $210,720 $194,070 $16,650
2019 $7,528 $210,720 $194,070 $16,650
2018 $7,162 $212,190 $195,430 $16,760
2017 $6,319 $198,680 $187,110 $11,570
2016 $5,981 $184,190 $174,680 $9,510
2015 $5,904 $184,190 $174,680 $9,510
2014 $5,068 $151,090 $147,100 $3,990
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mandy Welgos

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 274-3334

    38 in this area

    44 Total Sales

    Mandy Welgos
    Section Image
  • Lex Tarumianz

    Buyer's Agent in 2021

    Lex Tarumianz

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (540) 325-3214

    133 in this area

    212 Total Sales

    Lex Tarumianz
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 172516

Aspen Glenwood MLS

APN: R000276

Colorado Pitkin County Aspen 81611

205 W Main St, Aspen, CO

This home is located at 205 W Main St, Aspen, CO 81611 since 25 October 2021 and is currently estimated at $7,566,874, approximately $3,399 per square foot. This property was built in 1890. 205 W Main St is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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